NO to Kleptocracy, but also NO to Pilfer-cracy
KTemoc Konsiders
Malaysiakini – Khazanah, Petronas and PNB proposed to be moved to PM’s Dept (extracts):
There are proposals for key government-linked companies (GLCs) namely Khazanah Nasional, Petronas and Permodalan Nasional Bhd (PNB) to be moved to the Prime Minister’s Department.
However, it is unclear how much oversight Prime Minister Dr Mahathir Mohamad will have over these GLCs that were previously under the Minister of Finance (MoF) Inc.
A list sighted by Malaysiakini stated that the GLCs will be placed under the Prime Minister’s Department, meaning that ministers in that department could oversee the firms.
However, The Star reported today the three will be placed under the Prime Minister’s Office, which is directly under Mahathir.
Wakakaka.
One – the 3 GLCs which were previously under the Ministry of Finance will now be moved to under the PM’s Department.
Why the PM’s Department?
Doesn’t this huge slice of the financial portfolio make Guan Eng a Lil’ Boy Blue instead of the Finance Minister?
Doesn’t this renege on the Pakatan manifesto pledge that the PM won’t take on another ministry which Mahathir effectively has vis-a-vis the Finance Ministry? Thus Mahathir becomes the real Finance Minister and Guan Eng his bookkeeper.
Have you read my yesterday’s post Khazanah the Mahathir way to making billionaires the main part of which was written by Malaysiakini’s columnist P Gunasegaram?